Bank of Dallas
Dallas, TX · Owner: Dallas Bancshares Inc
$208M
total assets, September 30, 1987
$208M
total assets, September 30, 1987
Bank of Dallas was a state nonmember bank in Dallas, TX, owned by Dallas Bancshares Inc. It failed on Feb 5, 1988, and Deposit Guaranty Bank took over its deposits. At its last report it held $207.8 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1987
This bank failed
- Failed on
- Feb 5, 1988
- Assets
- $208M
- Deposits
- $203M
- Estimated cost
- $70.6M
- Deposits went to
- Deposit Guaranty Bank, Dallas, TX
Total assets
$208M
-18.5% in a year · -11.0% in a quarter
Deposits
$203M
-13.0% in a year · -4.1% in a quarter
Loans
$155M
-17.2% in a year · -2.0% in a quarter
Profit so far
-$9.3M
Jan 1 to Sep 30, 1987
Capital ratio
-0.44%
-2.75 pts in a year
Return on assets
-5.21%
-0.40 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 3607 Rawlins Street, Dallas, TX, 75219
- County
- Dallas
- Holding company
- Dallas Bancshares Inc
- Established
- Apr 12, 1962
- Failed
- Feb 5, 1988
- Employees
- 114
- Id
- b18495
Quarter by quarter
March 31, 1984 to September 30, 1987
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Bank of Dallas?
$207.8 million in total assets and $202.7 million in deposits as of September 30, 1987, with assets down 18.5% from a year before. Its loans were $154.6 million.
Is Bank of Dallas profitable?
No: it lost $9.26 million from January 1 to September 30, 1987. Its return on assets was -5.21% a year; about 1% is typical.
Who owns Bank of Dallas?
Bank of Dallas is owned by Dallas Bancshares Inc, its holding company.
When did Bank of Dallas fail?
Feb 5, 1988. Deposit Guaranty Bank of Dallas, TX took over its deposits. The estimated cost of the failure was $70.6 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.